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so on. Cashi Equipment (a) 95,000 (b) 23,000 (c) 40,000 Accounts Receivable 5,000 (d) 15,000 (8) 1,500 (e) 350 (g) 1,500 (h) 5,500 (5)
so on. Cashi Equipment (a) 95,000 (b) 23,000 (c) 40,000 Accounts Receivable 5,000 (d) 15,000 (8) 1,500 (e) 350 (g) 1,500 (h) 5,500 (5) 2,500 Accounts Payable Supplies (c) 40,000 (b) 23,000 Scott Hamilton, Capital (a) 95,000 Fees Income (d) (f) 15,000 5,000 (e) Telephone Expense 350 Scott Hamilton, Drawing (4) 2,500 (h) Salaries Expense 5,500 Required: Prepare a statement of owner's equity and a balance sheet for Residential Relocators as of December 31, 20x1
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